DHL buys Astar stake four years after selling holding in ownership controversy

Four years after DHL parent Deutsche Post World Net sold its 25% stake in Astar Air Cargo to ease concerns that the carrier was in violation of US foreign ownership rules, DHL this week announced it has acquired a 49% minority equity interest and a 24.9% voting interest in Astar, one of its primary US subservice fliers.
"Our investment in Astar signals another major commitment to the US market," DHL Express CEO-USA Hans Hickler said. Financial terms of the transaction were not disclosed. ...